Nestled within the prestigious area of Meydan in MBR City, Elie Saab VIE in the Fields is a stunning new phase two of the Elie Saab Townhouses project by G&Co Real Estate Development LLC – FZ and Fortune 5. Interested real estate buyers have the opportunity to choose from a collection of exquisite 3 and 4-bedroom townhouses (middle and end units), which will feature beautiful Elie Saab interiors.
The 2-storey properties in ELIE SAAB Á VIE – At The Fields come in 3 variations: Elegante, Grande and Grande Plus, with total living areas ranging from 2,775 sq. ft to 3,562 sq. ft. Depending on the selected type, the layouts may boast the following key features:
On top of this, property owners in this sophisticated development will be granted full access to a total of 4 dedicated residential areas – Calm Park, Urban Park, Junior Activities Park, Pool Area. These zones will be packed with a wide range of family-oriented amenities that can be found below:
For detailed information regarding property prices in Elie Saab VIE in the Fields, please register your interest on our website.
You might also want to take a look at the Elie Saab Villas in Arabian Ranches, which houses a collection of exquisite 3-bedroom residences, in which owners will have access to a picnic/outdoor dining area, a swimming pool and pool deck, as well as a clubhouse, among other facilities.
As mentioned earlier, Elie Saab VIE in the Fields will be located in Meydan, namely The Fields, which is known for housing plenty of recreational amenities, including a clubhouse, indoor and outdoor gyms, and a children’s pool, just to name a few. As well as the above, occupants of the development will be able to benefit from hassle-free commutes around Dubai thanks to the intersection of Ras Al Khor Rd and Nad Al Sheba Rd nearby. The nearest bus stations can be found a 40-45 minute walk away, therefore, it is recommended that residents move around by private vehicle.
Elie Saab VIE in the Fields will particularly appeal to families with children, as it will be surrounded by plenty of academic institutions, supermarkets, parks and more; all of which will significantly facilitate your daily routine. Amenities that can be found within a radius of 30 minutes’ include:
In addition, within a 20-minute drive, it will be possible to reach some of the most popular attractions in Dubai, which offer an abundance of activities for visitors of all ages. These can be found below:
As of Q2 2022, 65% of Elie Saab VIE in the Fields has been completed, as per the RERA AUDIT. This is the first Elie Saab-branded development for purchase in Meydan and it is set to wow its homeowners with its elegant design and prime finishes. It is worth noting that bedrooms and living and dining rooms in Elie Saab Townhouses are 20% and 40% larger than the current market standards, following the strong demand for spacious properties in Dubai.
In addition to the amenities mentioned above, within the exclusive Elie Saab VIE in the Fields residents and visitors can find The Fields Community Mall, with 42+ retail outlets. These include a barber, a health center, a pet shop, a currency exchange, a nail salon, a coffee shop, a juice bar, a florist, a chemist, a mini mart and a party supplier store. Another focal point of the branded townhouse development is The Fields ClubHouse, which will be brimming with leisure activities, thanks to a gym, a wellness center, a yoga area, a children’s play area (indoor/outdoor), a residents’ lounge, a children’s party hall and an outdoor gardening area.
At the same time, since Meydan is part of MBR City, occupants will be able to take advantage of privileged access to the 22,965-foot long Crystal Lagoon – the first of its kind in the Middle East, and the biggest in Europe. Not forgetting a 45,931 ft long white sandy beach, surrounded by parkland, waterways and woodlands, where one can try various water activities and relax in the sun.
If you are planning to purchase a property in Elie Saab VIE in the Fields as a commercial investment for a subsequent lease, you will be keen to learn that 4-bedroom townhouses generate a gross yield of 6.3%, as of Q2 2022, as revealed by Property Finder. At the same time, the starting rental price for this type of property amounts to AED 225K (USD 61K) per annum. Please note that the estimated service fees in this project amount to AED 3.5 (USD 0.95) per sq. ft of plot area.
In line with the latest UAE visa overhaul, when acquiring a completed property worth a minimum of AED 2M (USD 545K), owners become eligible for a 10-year Golden Visa. This means that once ELIE SAAB Á VIE – At The Fields is completed in Q4 2023, you can apply for this type of residence. The Golden Visa will enable you to bring your spouse and children to Dubai, as well as any domestic staff, in addition to receiving an Emirates ID, which will facilitate you living in the UAE. It is worth noting that Golden Visa holders are not required to have Emirati sponsorship to reside, work and study in the country.
*The price is valid for 2022
Sign up for our weekly newsletter for market updates!